Tony Talks Business
How Gameshows PAYOUT Their Money
A woman wins a $20,000 car on The Price Is Right. Before she can drive it home, she owes about $9,000 in tax. She sells it and walks away with roughly $6,000. The show never paid a cent of that bill, and it never pays the million either.
This is how game shows actually pay out their prizes, and why the winner ends up paying the biggest bill.
The YouTube player only loads when you press play.
Chapter 23This one is in the bookTony Takes It Back: the traps at the counter, the numbers, and what to say. Plus 29 more businesses.See the bookChapters
- 0:00The Prize
- 2:11The Sponsor
- 4:25The Budget
- 5:44The Rules
- 8:11The Insurer
- 10:57The Annuity
- 12:44The Calendar
- 15:13The Taxman
- 18:47The Verdict
Sources
16 pages the figures in this video were read from.
